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SMWB · NYSE · United States · Services-Computer Programming, Data Processing, Etc.
In shortSIMILARWEB LTD. is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -8.3% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -11.7% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -129.6% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.76× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -6.63 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.7% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 16.8% | 49/100 |
| Operating margin volatility | 21.2% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 13.5% | 92/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 138 | 193 | 218 | 250 | 283 |
| Cost of revenue | 32 | 53 | 47 | 55 | 58 |
| Gross profit | 106 | 140 | 171 | 195 | 225 |
| Research & development | 44 | 60 | 56 | 56 | 73 |
| Operating income | (66) | (88) | (29) | (9.7) | (24) |
| Interest expense | 1.9 | – | – | – | – |
| Pre-tax income | (68) | (83) | (28) | (9.5) | (29) |
| Income tax | 1 | 0.5 | 1.5 | 1.9 | 4.2 |
| Net income | (69) | (84) | (29) | (11) | (33) |
| Diluted EPS | −$1.30 | −$1.10 | −$0.38 | −$0.14 | −$0.39 |
| Diluted shares (millions) | 53 | 76 | 78 | 81 | 85 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
−6.63 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 2, 2026